Monero's price action just confirmed what traders were anticipating. The dip bounced right off that critical support zone—textbook reaction from a key level. If the momentum holds here, we could see another leg up forming. XMR holders watching the charts should keep this bounce in focus. Technical setups like this don't come around every day.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
10
Repost
Share
Comment
0/400
liquidation_watcher
· 01-14 09:06
This rebound of XMR is indeed promising; the support level hasn't been broken, which is a good sign, but whether it can hold is the real key.
View OriginalReply0
fren.eth
· 01-14 06:54
The support rebound strategy, even experienced XMR traders have played it, now it's just a matter of whether you can hold on.
View OriginalReply0
CryptoGoldmine
· 01-14 05:44
The idea of a support level rebound is a bit vague; the key is whether the trading volume can keep up. Otherwise, a rebound is just a bear trap.
View OriginalReply0
FreeMinter
· 01-13 09:56
The support bounce pattern has been seen too many times; only if XMR can truly break through is it a real deal.
View OriginalReply0
DeFiDoctor
· 01-11 14:02
The narrative of support levels rebounding is heard every year; the key is to see whether liquidity indicators and signs of capital outflow truly improve. The recent response of XMR still requires regular review and assessment.
View OriginalReply0
ForkYouPayMe
· 01-11 13:59
The support bounce strategy is a bit shady, but this wave of XMR is indeed a good time to buy the dip.
View OriginalReply0
AirdropNinja
· 01-11 13:55
Supporting the rebound of the support level, this old trick just makes me want to laugh... But this wave of XMR is indeed a bit interesting.
View OriginalReply0
GasFeeCrybaby
· 01-11 13:49
The support level has indeed held, and this rebound in XMR is quite interesting.
View OriginalReply0
TokenomicsPolice
· 01-11 13:38
It's always said during bottom-fishing, but the result is usually a false breakout. Be careful, sisters.
View OriginalReply0
LightningAllInHero
· 01-11 13:37
Once again, textbook rebound. Can XMR withstand this wave? It still seems to depend on the trading volume later on.
Monero's price action just confirmed what traders were anticipating. The dip bounced right off that critical support zone—textbook reaction from a key level. If the momentum holds here, we could see another leg up forming. XMR holders watching the charts should keep this bounce in focus. Technical setups like this don't come around every day.